Projects
Monarch’s funds are direct investments in communities by creating clean power, jobs and homes while providing predictable returns through the generation of federal and state tax credits. Here is a sample of recent projects and their economic impact.


Cussick Apartments
Oct 10, 2023
Chico, California
Cussick Apartments is a new 75-unit affordable housing community in Chico, California, serving families earning between 30% and 60% of the Area Median Income. The development will feature seven three-story […]


Pembrook Apartments
Jul 21, 2023
Pamplico, South Carolina
Pembrook Apartments is located in Northeast Pamplico, South Carolina. This 24-unit, multi-family complex facilitates a comfortable space for all residents. Located at 464 E 6th Ave, Pembrook is near restaurants […]


West End Manor Apartments
Jul 21, 2023
Union, South Carolina
West End Manor Apartments are located in Union, South Carolina. This 28-unit property provides one-bedroom options for senior residents in the area.


Polo Village Apartments
Jul 8, 2023
Buellton, California
Polo Village Apartments is a proposed 49-unit affordable housing development in Buellton, California, designed for family households earning between 0% and 60% of the Area Median Income. The community will […]


Rising Sun Apartments
Jun 20, 2023
Oklahoma City, Oklahoma
Located in Oklahoma City, Oklahoma, the Rising Sun Apartments provide 204 units in a variety of permanently affordable homes. This $36 million development effectively addresses Oklahoma’s pressing issue of affordable […]


Alum Rock
May 21, 2023
San Jose, California
Alum Rock is a new five-story affordable housing development in San Jose, California, that will provide 60 apartments for residents earning between 30% and 50% of the Area Median Income. […]


Wiloughby Corner
May 18, 2023
Lafayette, Colorado
Located in Boulder County, Colorado, Willoughby Corner provides 129 units in a variety of permanently affordable homes. This 24-acre community is sprinkled with inviting features such as a community garden, […]


Archer Green Apartments
Mar 15, 2023
Augusta, Georgia
Archer Green is a new affordable housing development in Augusta, Georgia, featuring 240 general occupancy LIHTC rental units for households earning up to 60% of the Area Median Income. Designed […]



Gordan Street Mill
Mar 15, 2023
Greenville, South Carolina
Gordon Street Mill, located in Greenville, South Carolina, was originally built in 1925. Over the years, the building has been an integral part of Greenville’s textile industry, serving as a […]